Many Ideas But Little Agreement on Solving Debt Crisis

Excerpt

“We have to come to grips with the fact that the growth of the entitlement programs is driving the projected growth of debt,” said Robert Bixby, executive director of the non-partisan Concord Coalition. “It’s a matter of mathematics. Just look at the number of beneficiaries. Those programs are going to be much, much more expensive in the coming years.”

“It’s not the waste, fraud and abuse (causing the debt). It’s not even the war spending,” he said. “You just look at programs like Social Security and Medicare and count the numbers of beneficiaries.”